Where hours underutilized come from and how they are accumulated

1 For example you used smartphone 4 hours a day. And the app you subscribed for was used just 15 mins.

3h 45m is underutilized hours you can sell

2

Underutilized hours are tokenized on blockchain and you own them.

Every app is a token.

3 When somebody 'rents' app for 1 hour — they pay for 1 token of this app. This 1 token is burnt after that.

4

Money that was paid for this 1 token is split between you and app via smart-contract

How the price of hour is formed?

Price $/hour for rent app is calculated between Real and Ideal $/hr prices.

Real

$/hr Price

Ideal

$/hr Price

For example average usage of the app is 10 hours per month. Subscription price is $10/mo. That means Real price is $1/hour.

Real Price

$1/hour

Ideal price is $10/mo divided by all monthly hours of your smartphone usage. If you use device 4 hours a day that means 120 hours a month. Ideal price is $10 ÷ 120hrs = $0.083 / hr. We calculate average for all subscribers because everyone has different time of daily/monthly usage.

Ideal Price

$0.083/hour

Started price for rent this app is $0.54/hr and varies based on ongoing supply and demand for accumulated hours and level of underutilization for each subscriber.

Real Price

$1/hour

Ideal Price

$0.083/hr

Where hours underutilized come from and how they are accumulated

1

For example you used smartphone 4 hours a day. And the app you subscribed for was used just 15 mins. 3h 45m is underutilized hours you can sell

2

Underutilized hours are tokenized on blockchain and you own them.

Every app is a token.

3

When somebody 'rents' app for 1 hour — they pay for 1 token of this app. This 1 token is burnt after that.

4

Money that was paid for this 1 token is split between you and app via smart-contract

How the price of hour is formed?

For example you used smartphone 4 hours a day. And the app you subscribed for was used just 15 mins.

3h 45m is underutilized hours you can sell